PASSUR AEROSPACE, INC.

(PSSR)
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Delayed OTC Markets  -  05/19 01:30:04 pm EDT
0.3010 USD   -24.75%
04/12PASSUR AEROSPACE, INC. : Submission of Matters to a Vote of Security Holders (form 8-K)
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03/10PASSUR AEROSPACE, INC. : Change in Directors or Principal Officers (form 8-K)
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03/09PASSUR AEROSPACE, INC. Management's Discussion and Analysis of Financial Condition and Results of Operations (form 10-Q)
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PASSUR's ARiVA platform is Used to Support Safe and Secure Flight Operations in Afghanistan Through the Launch of IATA's Global ITOP Service

09/22/2021 | 08:37am EDT

PASSUR®Aerospace, Inc. announced that it has expanded its contract with the International Air Transport Association (IATA), to launch the new Global ITOP, the industry platform for global contingency coordination, collaboration, and operational advisories. This new service is part of a core bundle of services provided by IATA, to IATA members, to minimize costs and disruptions caused by irregular operations (i.e., delay minutes and cancellations), enhance proactive planning in the near-term tactical environment, and increase operational resilience. IATA stakeholders and partners also have the opportunity to join the IATA platform. Global ITOP is already playing an important role in facilitating coordination as the industry responds to fast-moving developments in Afghanistan, as noted in this recent IATA statement: "Airlines normally using Afghan airspace and IATA are maintaining constant coordination and communication through the standard contingency protocols and sharing information via the IATA Global Tactical Operations Portal (ITOP)." As the industry continues its recovery, it will require more than ever, a common platform to address unpredictable demand, capacity, increasingly severe weather, and other geo-political disruptions that impact commercial air travel. Global ITOP expands the IATA geographical scope – now covering all the official IATA regions (Africa & Middle East, Americas, Asia Pacific, Europe, and North Asia) and adds new capabilities: (1) Collaborative Contingency Team planning (manage disruptive events based on the ICAO CCT Terms of Reference); (2) Global collaborative communications (secure, dedicated chat channels to manage contingency events); (3) Operational advisories expanded to all IATA global regions. Global ITOP replaces and enhances two earlier ITOP services, ITOP-North America and ITOP Global Contingency Planning, which PASSUR developed for IATA as operational advisory services managed from the IATA Help Desk.


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All news about PASSUR AEROSPACE, INC.
04/12PASSUR AEROSPACE, INC. : Submission of Matters to a Vote of Security Holders (form 8-K)
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03/10PASSUR AEROSPACE, INC. : Change in Directors or Principal Officers (form 8-K)
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Financials (USD)
Sales 2021 6,16 M - -
Net income 2021 0,09 M - -
Net Debt 2021 9,54 M - -
P/E ratio 2021 55,0x
Yield 2021 -
Capitalization 2,32 M 2,32 M -
EV / Sales 2020 0,91x
EV / Sales 2021 2,24x
Nbr of Employees -
Free-Float 36,1%
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Managers and Directors
Brian G. Cook President, Chief Executive Officer & Director
Allison O’Neill Executive Vice President-Finance & Administration
G. S. Beckwith Gilbert Non-Executive Chairman
James A. Cole Senior VP, Director-Research & Development
David Brukman Chief Technology Officer